STC’s Presidium Holds Government Liable for Persistent Electricity Crisis in the Capital, Aden

SMA NEWS – ADEN THE CAPITAL
The Presidium of the Southern Transitional Council (STC) held its periodic meeting today, Thursday, chaired by Mr. Ali Abdullah Al-Kathiri, Acting President of the STC and Chairman of the National Assembly.

In its meeting, the Presidium stood against the persistent electricity crisis and deficiency in energy in the capital, Aden, and neighbouring areas, holding the government responsible for the collapse of the energy, as well as asserting its unequivocal rejection of the policies of procrastination, delaying, and disavowal pursued by the government and its prime minister in dealing with the crisis and their inability to find radical solutions to provide sufficient fuel for generating stations.

The Presidium called on the Presidential Leadership Council (PLC) and the government to assume their responsibilities, quickly resolve the problem of the Central Bank’s refusal to provide the required liquidity to purchase fuel shipments, and work to find radical and sustainable solutions for the electricity of Aden in a way that guarantees generating energy service and stability.

In another context, the Presidium shed light on the damage caused by severe cyclonic storm Tej to the infrastructure and public and private property in the governorates of Almahra, Socotra, and Hadramaut. In this regard, the Presidium saluted the efforts made by the local leadership executive bodies (LLEB) of the STC and the local authorities in the governorates, lauding the official and popular cohesiveness in confronting the repercussions caused by the cyclone, especially in Almahra Governorate.

In addition to that, the Presidium stood before the challenges and obstacles facing the banking sector, including the continued floundering of the monetary policies pursued by the Central Bank Board of Directors in the capital, Aden, its inability to control the huge masses of cash in the market and their continuation beyond the scope of the bank’s control, and the failure to oblige banks to transfer their main financial headquarters to the capital, Aden. This came in light of a periodic briefing submitted by the Economic and Service Commission assisting the Presidium of the STC, including a number of recommendations and solutions to lift the banking sector out of its current situation.

To the end of its meeting, the Presidium discussed a range of organizational topics and issues on its agenda and took the appropriate measures.